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APEX MANAGEMENT

Active
Private limited company (pre-2019)founded 200719 yrs activeRijksweg 294, 8710 Wielsbeke, BelgiumKBO/BCE: BE 0887.530.895
Summary

APEX MANAGEMENT has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€89,184) and a net result of -€5,573. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 2399 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisWatch ReportCompare
APEX MANAGEMENTActiveChecked score 52/100
Risk analysis ReportCompare

Overview

Activity
Specialised image, lighting and sound technical services
NACE 90393NACE 90023
1 site
Size
€1,901total assets 2025
Equity
-€89,184
Loss
-€5,573
Turnover not published (abridged schema)
Financial health
52 Fair Checked score 2025
Bankruptcy chance 12 m
0.6%
Structure
Accounts filed 23 d late0 of 2 deeds read
Why 52Capped at 59: negative equity- Loss of €5,573 (FY 2025)- Negative equity -€89,184+ Size: total assets €1,901+ Sector Arts creation and performing arts activities (NACE 90)Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 5% of its sector peers (NACE 90, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 0=
equity -4690.2% of total assets
Liquidity 1-49
short-term debt 4790.2% · cash 0.5%
Profitability 0-100
return on assets -293.1%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,389 companies)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%▲ +5.9% vs 11-2024 01-2025: 0.2%▲ +28.0% vs 12-2024 02-2025: 0.2%▲ +31.9% vs 01-2025 03-2025: 0.2%▲ +10.0% vs 02-2025 04-2025: 0.3%▲ +16.8% vs 03-2025 05-2025: 0.3%▲ +11.4% vs 04-2025 06-2025: 0.4%▲ +41.1% vs 05-2025 07-2025: 0.8%▲ +83.6% vs 06-2025 08-2025: 0.8%● 0.0% vs 07-2025 09-2025: 0.9%▲ +10.9% vs 08-2025 10-2025: 0.8%▼ -10.1% vs 09-2025 11-2025: 0.8%● 0.0% vs 10-2025 12-2025: 0.8%● 0.0% vs 11-2025 01-2026: 0.8%▼ -0.6% vs 12-2025 02-2026: 1.3%▲ +71.4% vs 01-2026highest value 03-2026: 0.6%▼ -54.3% vs 02-2026 04-2026: 0.6%● 0.0% vs 03-2026 05-2026: 0.6%● 0.0% vs 04-2026 06-2026: 0.6%● 0.0% vs 05-2026 07-2026: 0.6%● 0.0% vs 06-2026 08-2026: 0.6%● 0.0% vs 07-2026 09-2026: 0.6%▼ -0.3% vs 08-2026 10-2026: 0.6%▲ +1.5% vs 09-2026
  • Size: total assets €1,901 lowers the probability for this profile
  • Loss of €5,573 (FY 2025) raises the probability
  • Negative equity -€89,184 raises the probability
  • Sector Arts creation and performing arts activities (NACE 90) lowers the probability
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 90, micro). Better than this share of them on solvency 6%, liquidity 2%, profitability 7%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €1,901
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Loss of €5,573 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity -€89,184
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Arts creation and performing arts activities (NACE 90)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
192021222325
2019 to 2025 · latest year -€89,184
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-02-2026, 23 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
23 d late
2023
14 d late
2022
14 d late
2021
14 d late
2020
1 d late
2019
on the day
2018
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 9 days after the deadline; the sector median for financial year 2023 is 2 days before the deadline, and 41% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 14 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close04-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Back to profitnet €39,453

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€89,184 View
  • Caution: Among the weakest 5% on solvencysector median 49.6% · 2,399 companies -4690.2% View
  • Total assets 20256 fiscal years filed €1,901 View

By topic

Financials

Fiscal year
2025
Total assets
€1,901
Loss
-€5,573
Solvency
-4690.2%
Total assets▲ 47.6%
Net result
20192025
Go to Financials

Timeline

Events
12
Since
2016
Next accounts
by 31-01-2027
  1. 23-02-2026Annual accounts filed
  2. 14-02-2024Annual accounts filed
  3. 30-06-2023Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Specialised image, lighting and sound technical servicesNACE 90393
Founded
23-02-2007
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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